The basketball league’s launch into crypto could come sooner than later. Source
NBA’s Crypto Chief Registers Second .Eth Domain as League Files for 4 NFT Trademarks
Tag: NFT
How to Turn Your NFT Into a Loan
“You pick an NFT from your inventory and you input the [loan] parameters you’re looking for. You might say, I have an NFT. I think it’s worth $5,000. I want to borrow $2,000 against it, and I’m willing to pay 3% over a 30 day period. And if [a lender is] comfortable with the offer, they are free to fund that loan. Then lenders either get the loan paid back or they get the collateral [NFT], and the counterparty can’t do anything hostile. It’s all trustless and decentralized.” Source
Mastercard files 15 metaverse and NFT related trademarks
Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO. Highlights of the filings include plans for a virtual community for interacting with digital assets, the processing of payment cards in the Metaverse, an online marketplace for buyers and sellers of downloadable digital goods, virtual reality events and more. One trademark filing for the company’s “Priceless” slogan consists of multimedia files such as artwork, text, audio and video that are authenticated by NFTs. Another application illustrates plans for…
New $250M TONcoin Fund targets DEX and NFT tools on TON blockchain
The TON Foundation, an organization building on the Telegram-initiated blockchain project, The Open Network (TON), has chosen the TONcoin Fund as its official ecosystem fund. The TONcoin Fund announced on Monday the launch of an ecosystem fund focusing on supporting TON-based projects, securing an initial collective commitment of up to $250 million from major firms within the industry. The fund has earned the title of the TON Foundation’s official incubation partner, meaning that they will support the fund’s portfolio investments. The fund’s contributors included firms like Huobi Incubator, Kucoin Ventures, MEXC…
AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens and more
Italian professional soccer club AC Milan will be releasing its first-ever nonfungible token (NFT) project in collaboration with the BitMEX crypto exchange. Proceeds will go to Fondazione Milan, the clubs’ charity arm. The limited-edition collection will feature 75,817 NFTs, a number representative of the capacity of the club’s home ground, San Siro stadium. It will depict a 3D image of a jersey found in South Sudan by Danish war photographer Jan Grarup who was in the country documenting widespread flooding last December. BitMEX partnered with AC Milan to contribute to…
AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens, and more
Italian professional soccer club AC Milan will be releasing its first-ever nonfungible token (NFT) project in collaboration with the BitMEX crypto exchange, with proceeds going to Fondazione Milan, the clubs’ charity arm. The limited-edition collection will feature 75,817 NFTs, a number representative of the capacity of the club’s home ground San Siro stadium, and will depict a 3D image of a jersey found in South Sudan by Danish war photographer Jan Grarup who was in the country documenting widespread flooding last December. BitMEX partnered with AC Milan to contribute to…
Multiple Indian Official Twitter Accounts Hacked, NFT Content Posted
Accounts of a high profile state chief minister, political parties and government institutions were compromised. Source
The Cost Of A Bitcoin Mine
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Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop
Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce, but the current 22.7% decline could have investors confused. Solana/USDT at FTX. Source: TradingView The rally started after Coinbase Wallet added support for SOL and other Solana-based blockchain tokens on March 18. The crypto exchange also outlined plans to “further integrate” with Solana by connecting the Coinbase Wallet with the decentralized applications (DApps) and nonfungible tokens (NFTs)…
This Week’s NFT Sales Dropped by 13%, Ronin Markets Rebound, Clonex Climbs Higher – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have been lackluster this past week, as the aggregate sales volume during the last seven days has dropped 13.75% since last week. The largest number of sales stemmed from Ronin this week as 45,875 buyers increase Ronin-based NFT sales by more than 72%. The NFT collection that recorded the most sales volume over the last seven days was Clonex as the NFT collection’s sales saw a 94.05% rise. 7-Day NFT Sales Slide by 13.75% After the week of March 20-26, 2022, Google Trends data shows the…